Sunday, May 26, 2024
BusinessLocal contractors clinch over 1.2 bln birr road projects

Local contractors clinch over 1.2 bln birr road projects

The Addis Ababa City Roads Authority (AACRA) on Wednesday awarded projects worth 1.2 billion birr to three local construction firms to build a total of 16.3km roads.

Habtamu Tegegn (Eng.), Chief Executive Officer (CEO) of the Authority, inked the agreement with local construction firms namely Hafcon Construction, Melkon Construction and IF Engineering.

The road projects with a total length of 16km will take from one up to two years for completion, and includes Bole-Ayat IV Condominium project, Ayat Meri Site IV Condominium project, Megenagna/Wuha Limat-Woreda 17 Tena Ma’ekel, Qera-Gofa Mebrat Hail Condominium, CMC-Ayat-Gurd Sholla-Semit-Meri and Lebu Adebaby-Jemmo Adebaby.

After the signing ceremony, the CEO told reporters that all the projects are fully financed by the city administration. He further indicated that the selected road projects are aimed at bringing alternative routes by alleviating the busy traffic congestion that commonly becomes a source of public outrage in the city.

According to the authority, a total of 22 road projects have been carried out in the fiscal year including those which have already commenced and some of those that are to be floated for public tender. These projects are 22 Mazoria- British Embassy, Fafa Foods-Dama Hotel-Debre Zeit Road, Shiro Meda-Qusquam, Ayer Tena-Wolette, Mebrat Hail Condominium-Bole Homes, Addisu Michael-Atiklit Tera and Jemmo II Adebabay-Reppi projects.

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